Michigan is newest state to suggest a crypto reserve bill

Bitcoin could see $23 billion inflow if these 18 states pass bills to establish crypto reserves
If all 20 bills introduced in 18 states to establish state-level bitcoin reserves are enacted, it could potentially lead to the buying of more than $23 billion worth of bitcoin — or some 247,000 bitcoins in total — and drive up the crypto’s price.
Michigan is the newest state to suggest a crypto reserve bill
The total number of crypto reserve-related legislatures in the US has risen to 20 as Michigan becomes the latest state to propose a strategic Bitcoin reserve
Michigan Proposes Bitcoin Reserve Bill, 20 States Push for Legislation
The Michigan House Bill was introduced by Representatives Bryan Posthumus and Ron Robinson to push for a strategic Bitcoin reserve.
Michigan lawmakers introduce crypto reserve bill to regulate digital assets
Michigan has become the latest to join the race to establish a strategic cryptocurrency reserve at the state level. House Bill 4087 looks to amend the 1984 Management and Budget Act (PA 431) by modifying Section 351 and adding Section 351a, allowing the state treasurer to use public funds to invest in cryptocurrency.
Michigan representative introduces bill to invest in cryptocurrency
A West Michigan representative wants the state of Michigan to invest in cryptocurrency. New York's top federal attorney resigns Bicycle brand launches shape-shifting electric tricycle: 'Not too heavy
Crypto News Flash5h
20 US States Propose Bitcoin Reserve Bills, Potentially Buying 247K BTC
The latest report shared by VanEck's head of digital assets highlights the details of the Bitcoin reserve proposals ...
State reserve bills add up to $23B in Bitcoin buys: VanEck
Strategic Bitcoin reserve bills under consideration by some 20 US states could drive as much as $23 billion in buy pressure ...
FOX 7 Austin on MSN16h
Texas lawmakers want to establish a Bitcoin Reserve, what is it?
Sen. Charles Schwertner (R-Georgetown) introduced a bill on Wednesday that would create the Texas Strategic Bitcoin Reserve.
Cryptopolitan on MSN3d
27 U.S. states push for Bitcoin and Digital Asset legislation
So far, 27 States have joined the race to establish state-level Bitcoin and crypto reserves by introducing Bitcoin reserve ...
Pros and cons of allowing Florida CFO to invest state funds in Bitcoin
As Florida lawmakers have proposed bills that would allow for the investment of state funds in Bitcoin, a cryptocurrency ...
Bill Barhydt Predicts $700K Bitcoin and $16K Ethereum in 2025, While Arthur Hayes Foresees Market Drop to $70K
Bill Barhydt, CEO of Abra, has made bold predictions about Bitcoin and Ethereum, suggesting that Bitcoin could reach as high ...
Top NC leaders want to allow Bitcoin investments for state pension and budget funds
Bitcoin is currently selling at around $96,000. State Republicans believe it’s a strong way to diversify state assets, and ...
KRMG Tulsa on MSN1d
Bill allowing Oklahoma to invest in Bitcoin clears first legislative hurdle
The State of Oklahoma may soon be allowed to invest in the digital cryptocurrency Bitcoin and have its own stockpile.